The Fort Wayne law firm of Shambaugh Kast Beck & Williams LLP has endowed a $25,000 scholarship to Indiana Tech Law School, giving a boost to the law school which welcomed its inaugural class in August 2013.
Dean Peter Alexander said the funds would be used to create a prize for the law student who finishes the second year ranked first in the class. The dean expects more local firms to follow Shambaugh Kast’s lead. Already, he noted, the school is working with another group of donors to endow a scholarship for the top student at the end of the first year of study.
“We are fortunate that there are several groups who want to support the law school and we appreciate all of their gifts,” Alexander said.
The Michael Kast Prize honors one of the firm’s founding partners who died in 2013. Kast joined attorney William Shambaugh in 1961 to form Shambaugh & Kast. Ed Beck, partner, described Kast as a terrific lawyer who encouraged young lawyers and took great pleasure in their success.
“As a firm, we wanted to honor the memory of our partner, mentor and friend, Mike Kast,” Beck said. “We could think of no better way than to support the fine work of Indiana Tech Law School and to provide financial assistance to students who, through hard work, diligence and passion for the law, achieve distinction of being first in their class.”
Shambaugh Kast is the first local law firm to create a scholarship at Indiana Tech Law School. Muncie attorney Eric Welch endowed the first scholarship at the law school in 2013.
The Michael Kast Prize will be awarded after the class rankings are calculated for the spring 2015 semester.